Venable Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order.

Debit
1.		Cost of filling and grading the land		$ 4,500
2.		Full payment to building contractor		680,500
3.		Real estate taxes on land paid for the current year		4,500
4.		Cost of real estate purchased as a plant site (land $115,000 and building $46,500)		161,500
5.		Excavation costs for new building		35,500
6.		Architects fees on building plans		12,500
7.		Accrued real estate taxes paid at time of purchase of real estate		2,000
8.		Cost of parking lots and driveways		13,500
9.		Cost of demolishing building to make land suitable for construction of new building		26,000
				$940,500
Credit
10.		Proceeds from salvage of demolished building		$ 3,500

Analyze the foregoing transactions using the following column headings. Insert the amounts in the appropriate columns. (If an amount reduces the account balance then enter with a negative sign preceding the number, e.g. -15,000 or parenthesis, e.g. (15,000).)

Item		Land		Buildings		Other Accounts
1.		$		$		$
2.
3.
4.
5.
6.
7.
8.
9.
10.
		$		$